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Moody’s: Ross Stores view to positive
Moody's Investors Service said it affirmed Ross Stores, Inc.'s A3 senior unsecured rating.
The outlook was changed to positive from stable.
"Ross is one of leaders in the off price retail sector, an area we believe is well positioned in the face of a changing retail landscape," Moody's vice president Christina Boni said in a news release.
"We anticipate that Ross will be able to grow its business through continued organic growth as it maintains its very solid credit metrics."
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